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4min chapter
The Labor Market Is Cooling | Talmon Smith & Jack Farley (Driving Back from Camp Kotok)
Forward Guidance
Navigating Net Interest Income
This chapter explores how large corporations and wealthy individuals are adapting to changes in net interest income amid rising rates, contrasting their experiences with those of smaller businesses. It also examines the implications for private equity firms and the critical role of the 30-year fixed mortgage in sustaining financial stability for households.
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